USU Software AG, together with its subsidiaries, provides information technology (IT) and knowledge management software solutions for knowledge-based service management in Germany and internationally.
USU Software Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||€24.80|
|52 Week High||€20.60|
|52 Week Low||€32.00|
|1 Month Change||-7.12%|
|3 Month Change||1.22%|
|1 Year Change||2.48%|
|3 Year Change||9.25%|
|5 Year Change||14.82%|
|Change since IPO||-88.30%|
Recent News & Updates
|OSP2||DE Software||DE Market|
Return vs Industry: OSP2 exceeded the German Software industry which returned -3.9% over the past year.
Return vs Market: OSP2 underperformed the German Market which returned 27.4% over the past year.
Stable Share Price: OSP2 is not significantly more volatile than the rest of German stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: OSP2's weekly volatility (4%) has been stable over the past year.
About the Company
USU Software AG, together with its subsidiaries, provides information technology (IT) and knowledge management software solutions for knowledge-based service management in Germany and internationally. It operates in two segments, Product Business and Service Business. The Product Business segment offers infrastructure management services for the administration of IT assets, contracts, and software licenses; service/change management services for compliance with and formalization of IT service processes comprising procurement, support, and maintenance; and finance management services for the transparency, planning, budgeting, and charging of IT costs and services.
USU Software Fundamentals Summary
|OSP2 fundamental statistics|
Is OSP2 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|OSP2 income statement (TTM)|
|Cost of Revenue||€52.40m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.59|
|Net Profit Margin||5.67%|
How did OSP2 perform over the long term?See historical performance and comparison
1.6%Current Dividend Yield
Is USU Software undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: OSP2 (€24.8) is trading below our estimate of fair value (€31.79)
Significantly Below Fair Value: OSP2 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: OSP2 is poor value based on its PE Ratio (42.2x) compared to the German Software industry average (40x).
PE vs Market: OSP2 is poor value based on its PE Ratio (42.2x) compared to the German market (23.2x).
Price to Earnings Growth Ratio
PEG Ratio: OSP2 is poor value based on its PEG Ratio (1.6x)
Price to Book Ratio
PB vs Industry: OSP2 is good value based on its PB Ratio (4x) compared to the DE Software industry average (4.5x).
How is USU Software forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: OSP2's forecast earnings growth (26.8% per year) is above the savings rate (0.01%).
Earnings vs Market: OSP2's earnings (26.8% per year) are forecast to grow faster than the German market (12.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: OSP2's revenue (9.2% per year) is forecast to grow faster than the German market (5.8% per year).
High Growth Revenue: OSP2's revenue (9.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: OSP2's Return on Equity is forecast to be low in 3 years time (12.5%).
How has USU Software performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: OSP2 has high quality earnings.
Growing Profit Margin: OSP2's current net profit margins (5.7%) are lower than last year (9.1%).
Past Earnings Growth Analysis
Earnings Trend: OSP2's earnings have grown by 1.3% per year over the past 5 years.
Accelerating Growth: OSP2's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: OSP2 had negative earnings growth (-33.6%) over the past year, making it difficult to compare to the Software industry average (-4.4%).
Return on Equity
High ROE: OSP2's Return on Equity (9.5%) is considered low.
How is USU Software's financial position?
Financial Position Analysis
Short Term Liabilities: OSP2's short term assets (€47.5M) exceed its short term liabilities (€35.1M).
Long Term Liabilities: OSP2's short term assets (€47.5M) exceed its long term liabilities (€18.7M).
Debt to Equity History and Analysis
Debt Level: OSP2's debt to equity ratio (1.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if OSP2's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: OSP2's debt is well covered by operating cash flow (1366.8%).
Interest Coverage: OSP2 earns more interest than it pays, so coverage of interest payments is not a concern.
What is USU Software current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: OSP2's dividend (1.61%) is higher than the bottom 25% of dividend payers in the German market (0.99%).
High Dividend: OSP2's dividend (1.61%) is low compared to the top 25% of dividend payers in the German market (3.18%).
Stability and Growth of Payments
Stable Dividend: OSP2's dividends per share have been stable in the past 10 years.
Growing Dividend: OSP2's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (68%), OSP2's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: OSP2's dividends in 3 years are forecast to be well covered by earnings (48% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Bernhard Oberschmidt (51 yo)
Mr. Bernhard Oberschmidt serves as the Chairman of Management Board and Chief Executive Officer of USU Software AG (formerly USU-Openshop AG) and has been a Member of its Management Board since February 8,...
CEO Compensation Analysis
Compensation vs Market: Bernhard's total compensation ($USD554.80K) is below average for companies of similar size in the German market ($USD927.71K).
Compensation vs Earnings: Bernhard's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Board: OSP2's board of directors are seasoned and experienced ( 16.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
USU Software AG's employee growth, exchange listings and data sources
- Name: USU Software AG
- Ticker: OSP2
- Exchange: XTRA
- Founded: 1977
- Industry: Application Software
- Sector: Software
- Market Cap: €260.989m
- Shares outstanding: 10.52m
- Website: https://www.usu.com
Number of Employees
- USU Software AG
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/24 22:56|
|End of Day Share Price||2021/09/24 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.